Garnett has decided to return to the Boston Celtics and is expected to sign a three-year, $34 million contract, league sources told Yahoo! Sports. The NBA's free-agent period begins at 12:01 a.m. ET Sunday and players can officially start signing contracts on July 11.

Garnett, 36, averaged 15.8 points and 8.2 rebounds for the Celtics last season. He was expected to draw interest from other teams, but his loyalty to coach Doc Rivers made him likely to return to Boston once he decided to keep playing. One NBA executive said Garnett would have only left the Celtics if they didn’t make him a solid contract offer.

The Celtics have several other free agents in Ray Allen, Brandon Bass, Marquis Daniels, Keyon Dooling, Jeff Green, Ryan Hollins, Sasha Pavlovic and Mickael Pietrus. Allen is expected to be courted by the Phoenix Suns.

The Boston Herald first reported Garnett's intention to re-sign with the Celtics.

Bad move by KG from a getting another championship standpoint, but obviously the money had alot to do with it.

He should have gone to San Antonio for the vets minimum or thereabouts and joined Duncan. He is 36 and signed a three year deal with the Celts for just over ten million a year, making him 39 at the end of that deal and probably the highest paid nba player ever at that age.

Garnett, I had read a few months back, has made something like 300 million over his career. That's f'in insane.

MINNEAPOLIS (AP) -- For the second time in four years, Michael Beasley is on the move, hoping another team will be willing to overlook his inconsistency on the court and try to harness the considerable talent that has intrigued and frustrated so many for so long.

The Minnesota Timberwolves declined to make qualifying offers to Beasley and Anthony Randolph on Saturday, making them both unrestricted free agents.

As the No. 2 overall pick in the 2008 draft, Beasley had a hefty qualifying offer of $8.1 million to retain his rights. In two seasons with the Wolves, he showed flashes of the scoring ability that made him such a promising prospect at Kansas State. But a multitude of injuries and an inability to prove to coaches that he could be relied upon on a nightly basis has him looking for a new home again.

Beasley came to the Timberwolves on July 12, 2010 that helped the Miami Heat clear enough room to sign LeBron James and Chris Bosh. Wolves President David Kahn's investment was minimal - a pair of second-round draft picks - for a versatile forward with the ability to score inside and out.

The trade had the makings of a steal early in Beasley's stint with the Wolves, averaging 31.3 points over a six-game stretch in October and scoring almost 23 points a game in his first two months with the team. But ankle injuries slowed his first season in Minnesota and he averaged a career-low 11.5 points while dealing with a multitude of injuries last year under Rick Adelman.

''He's one of the best young talents that we have in this game, but he has the potential to be a great player,'' Miami guard Dwyane Wade said during the season. ''If he wants it or not, that's what we always told him in Miami. We'll see.''

That's always been the question with Beasley, and Adelman and the Timberwolves appear to have grown impatient waiting to find out the answer. He was moved to a sixth man role that took some time for him to get adjusted to, but Beasley was never able to put it all together last season.

''This year, I don't know why, but his offensive game wasn't there at the start but I at least thought he was trying defensively and just applying himself with more rigor than he had the year before with the previous staff,'' Kahn said in April. ''And I was at least hopeful that maybe there is something here, and he got hurt again, and again.

He was very popular with teammates and never a problem in the locker room, but Beasley was cited for marijuana possession in June 2011. Still just 23 years old, he should have some suitors when free agency opens on Sunday, but not at the high salary he initially may have hoped for.

Beasley became the second player in the top three picks of the 2008 draft - joining Memphis guard O.J. Mayo - to be allowed to become restricted free agents when their teams did not make qualifying offers.

Randolph was the 14th overall pick by Golden State in that draft, and has bounced around even more than Beasley. He played sporadically last season for the Wolves, averaging 7.4 points and 3.6 rebounds and sometimes frustrating the coaching staff with his work ethic. But several members of the staff are intrigued by his athleticism, and Randolph could return to the team if he is willing to accept a salary much lower than his $4 million qualifying figure.

The Timberwolves also extended the deadline to reach buyout agreements with veterans Martell Webster and Brad Miller on Saturday. The extensions allow the team to continue trying to package them in trade deals to land a big man or a shooting guard, the team's two biggest needs.

Miller said at the end of the season that he will retire, but he is still on the books for $5.1 million next season. The deal could be bought out for much less, which makes him an attractive trade chip.

The same goes for Webster, who has been hampered by back injuries the last two seasons. He is due to make $5.7 million next season, but any team with his contract can buy him out for about $600,000.

Thought the TWolves would at least try and trade Beasley and would keep AR. They need backup bigs, as Darko and Tolliver, also a free agent, are not doing that good.

I'd get AR for no more than 2 million a year for two years to be honest. I don't think he got given a fair chance when he was here and he'd add another athletic multi-talented player, but there really is no spot for him and the new FO really does want to change everything and not revert back to the past, so no chance he comes back.

Beasley has fallen so far, now not even seen as worthy to be given the QO. His career is on the line right now and if he even wants to stay in the nba he has to perform well on his next contract. He might leave after his next contract for Europe I think. Saying that, he might explode on his next team and become an allstar, he has the ability.

The Rockets are prepared to offer Omer Asik an annual contract offer in the $8 million range.

Asik is a restricted free agent of the Chicago Bulls.

Houston similarly pursued Marcin Gortat at the start of his free agency in 2009, though he eventually signed a $34 million offer sheet with the Mavericks that was matched by the Magic.Via K.C. Johnson/Chicago Tribune

They had Dalembert and now would offer 8 million for backup, yet very effective and could be good starter, Asik. Doesn't make a whole lot of sense, unless they manage to trade some of their young players for one or two very good players. Asik looks like a true good Center, but right now hasn't done enough to get 8 million a year.

Portland also interested in him. To be honest, I'd trade Ezeli for Asik, just because Asik has already shown he is big and does the rebounding and defensive work quite well.

Hibbert is good and is a center, but not max salary good. Blazers need a proven Center, as Meyers Leonard is just a rookie, but too much money that really they could have spent and needed to fill their other holes. That's if I'm right about max money for Hibbert is what the other max guys get and not less than 15 million or so.

10 million a year is now too much for GWallace I think. Nets better keep their talent as Deron is leaving almost for sure and they will need to have something left so if they do get another star player, when ever that is, they can have a pretty good team. Maybe they should have gone for Hibbert and tried to sign and trade BLopez for a good PF, maybe even for PGasol. They'd have had a far better setup then and looked better for Deron to want to stay.

Wow! Hibbert, Asik and Wallace not worth the money that they've been offered. And Garnett signed for too long - should've been offered 1 more year and then time to start the rebuild for the Celtics. At least Sullinger and Melo will get to work with him which will speed up their development. I imagine that KG would train just as hard as he plays and I can't seem him going easy on a couple of rookies. [For the record, I was a T-Wolves fan from the day they drafted KG until the day they traded him. He's still my favourite player]

KG should have been signed to one year for sure, he is too old for more. He is a good mentor for the young guys, but not his trash talking attitude though. I wouldn't be surprised if either or both Sullinger and Fab Melo get upset with Garnett during the season and want out of there. The Celts also need to get one or two more high good draft picks and had Garnett left them they could have been in the lottery next year and got a bit more talent. They likely will fall hard when KG leaves, which looks like it will coincide with Pierce leaving.

Definitely too much money is being given now. KG should have got a one year deal, with team option for the second. Of course, for less money than what he will get now. He will eat a lot of their cap space with this contract for the next 3 years, and he won't be able to contribute as much. But, we'll see...he's athletic guy, weight is not catching up on him, so he might stay good longer than usual players do, because their body gets more fat.

It seems that Suns are along with Eric Gordon getting Goran Dragic and Michael Beasley. That Dragic deal means they knew Nash wouldn't re-sign.

And while we're at Nash, he signed with the Lakers in a sign-and-trade deal. The Suns are getting four draft picks - first rounders in 2013 and 2015 and second rounders in 2013 and 2014. And the Lakers were able to do that because of that deal that sent Odom to the Mavericks.

And Nash signed a deal worth 27 millions for 3 years, and he got a 3 year deal worth 36 millions offer from the Raptors. Too bad he didn't want to go to his country's team.

I thought Nash would seriously consider going to Miami. Since he didn't, I thought Kidd would if he didn't stay in Dallas. I do think both could make a big difference for those two teams, especially Nash, as now the Lakers once again are real contenders. In fact, I'd probably pick them right now for next season if they keep the rest of the starters intact.

Roy can go to the TWolves, that more than likely means that one of either Wes Johnson, Webster or Derrick Williams is going to get traded.

Lin not being kept by the Knicks is strange, as he did so well there and could be a bigger star in New York than in Houston.

The Raptors got Lowry for next to nothing, at least right now as their future 1st rounder could be a lottery one.